Impact of Entrepreneurship on the

Development of Economy of a
Country
Course Name: PROJECT MANAGEMENT AND ENTREPRENEURSHIP
Course Code: HSMC701
Name of the Student: ROHIT GUIN
Present Semester: 7th
Class Roll No.: 28100120045
University Roll No.: 28100120045

Department of CSE
Gargi Memorial Institute of Technology 1
Introduction

Welcome to the presentation on The

Catalyst of Economic Growth: Unleashing
the Power of Entrepreneurship. In this
session, we will explore the importance of
entrepreneurship in driving economic
growth and its role as a catalyst for
innovation and job creation.

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Definition of
Entrepreneurship
Entrepreneurship is the process of
identifying opportunities, taking risks, and
creating value through innovative ideas and
ventures. It involves initiative, creativity, and
persistence in pursuing business
opportunities to achieve financial success
and societal impact.

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Key Drivers of
Economic Growth
Entrepreneurship acts as a key driver of
economic growth by stimulating innovation,
creating jobs, and increasing productivity. It
fosters competition, encourages
investment, and drives technological
advancements, leading to sustainable
development and prosperity.

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Role of Entrepreneurship
in Job Creation
Entrepreneurship plays a crucial role in job
creation. By starting new businesses and
expanding existing ones, entrepreneurs
generate employment opportunities, reduce
unemployment rates, and contribute to
economic stability and social well-being

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Entrepreneurship
and Innovation
Entrepreneurship and innovation go
hand in hand. Entrepreneurs are drivers
of innovation as they bring new ideas,
products, and services to the market.
They challenge the status quo, disrupt
industries, and fuel economic growth
through their creative solutions

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Conclusion
In conclusion, entrepreneurship is a
powerful catalyst for economic growth. It
empowers individuals to pursue their
ideas, create wealth, and contribute to
society. By fostering innovation, job
creation, and productivity,
entrepreneurship paves the way for a
thriving economy and a better future for
all.
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Thanks!
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